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Shareholders Stories - Page 6

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Shareholders stories

Changes at board level as Telecom director retires...
Unified Communications

Changes at board level as Telecom director retires...

Kevin Roberts has retired as non-executive director from the Board of Telecom after six years, with Ido Lefler stepping in.

By Staff Writer • 2 min read • Mon, 9th Jun 2014
Focus with Vocus following stella financials
Unified Communications

Focus with Vocus following stella financials

Vocus Communications reports strong half year financial results, with revenue up 45% and profit up 50% after tax.

By Staff Writer • 1 min read • Tue, 4th Mar 2014
Will Rakon shift UK operations to NZ?
Chief Financial Officer

Will Rakon shift UK operations to NZ?

Rakon has advised employees of its UK subsidiary Rakon UK Limited, of its intent to enter consultation for a proposed closure of its British plant.

By Staff Writer • 1 min read • Thu, 20th Feb 2014
Rakon braces itself for $54m loss
Rakon

Rakon braces itself for $54m loss

Rakon faces a staggering USD $54 million net loss for 2014 due to a USD $37 million write-down on its Chinese investment, causing shares to plummet 8.7%.

By Pattrick Smellie • 2 min read • Fri, 6th Sep 2013
Rakon's Robinson brothers to sell shares following breach
Rakon

Rakon's Robinson brothers to sell shares following breach

Rakon's Brent and Darren Robinson to sell 493,000 shares each after breaching Takeovers Code. The brothers' purchases pushed family ownership over 20%.

By Pattrick Smellie • 2 min read • Thu, 1st Aug 2013
NZ-owned Fronde acquires Aussie OnlineOne
IT services

NZ-owned Fronde acquires Aussie OnlineOne

Wellington-based ICT company says deal will allow leverage of NetSuite capability into the New Zealand market.

By Staff Writer • 2 min read • Wed, 1st May 2013
Depressing Dell makes private case
Network Infrastructure

Depressing Dell makes private case

Company issues 274-page filing showing bleak prospects for business - its strongest case yet for accepting a US$24.4 billion offer to go private.

By Staff Writer • 2 min read • Wed, 3rd Apr 2013
Dell considers rival bids
Network Infrastructure

Dell considers rival bids

Dell's board evaluates separate takeover proposals, deciding which could beat an existing US$24.4 billion take-private deal.

By Staff Writer • 2 min read • Tue, 26th Mar 2013
Mobile business props up dwindling Telecom sales
Unified Communications

Mobile business props up dwindling Telecom sales

Telecom eked out a 3.7 percent lift in first-half underlying earnings as revenue from its mobile business propped up otherwise disappointing sales.

By Pattrick Smellie • 4 min read • Fri, 22nd Feb 2013
Privacy push drops Dell's profits
Network Infrastructure

Privacy push drops Dell's profits

World's third largest PC maker reports a 31% drop in profits, amid Michael Dell's attempt to take the company private.

By Staff Writer • 1 min read • Wed, 20th Feb 2013

Stories from Other Regions

Shareholders stories

MightyRiverPower to pay special dividend
Capital Management

MightyRiverPower to pay special dividend

MightyRiverPower, the first of the state-owned power companies to be partially privatised last year, will pay a special dividend to shareholders af.

By Pattrick Smellie • 2 min read • Wed, 5th Nov 2014
MARKET CLOSE: NZ shares extend gains as NZOG signals capital return
Health Technologies

MARKET CLOSE: NZ shares extend gains as NZOG signals capital return

New Zealand shares rose, pushing the NZX 50 Index to its ninth straight record close, as New Zealand Oil & Gas signalled plans for a capital return.

By Pattrick Smellie • 3 min read • Tue, 4th Nov 2014
Select Mega shareholdings subject to a Restraining Order...
Mega

Select Mega shareholdings subject to a Restraining Order...

Two companies' shareholdings in Mega have been subject to a Restraining Order in relation to property associated with William Yan.

By Staff Writer • 2 min read • Mon, 25th Aug 2014
Bang a gong, get it on, Serko...
Serko

Bang a gong, get it on, Serko...

Kiwi cloud tech firm Serko starts trading on the NZX Main Board, raising NZD $22 million at NZD $1.10 per share with overwhelming investor support.

By Staff Writer • 2 min read • Tue, 24th Jun 2014
Restructuring Warehouse reports solid Q3 sales
Gaming

Restructuring Warehouse reports solid Q3 sales

The Warehouse reports Q3 sales of $367.0m, up 3.2%, with 13 consecutive quarters of positive same store sales.

By Staff Writer • 3 min read • Thu, 8th May 2014
Struggling Rakon dangles dividends for 'long-suffering' shareholders
Rakon

Struggling Rakon dangles dividends for 'long-suffering' shareholders

Rakon pledges to pay up to 50% of net profit in dividends amidst a 37% share price slump this year, aiming to restore investor faith.

By Pattrick Smellie • 2 min read • Mon, 9th Sep 2013
Sell, Sell, Sell…Chorus shares?
Chorus

Sell, Sell, Sell…Chorus shares?

Analysts Deutsche Bank have slapped a sell rating on the telco network owner, citing too much regulatory risk. Should shareholders cash in?.

By Staff Writer • 1 min read • Mon, 24th Jun 2013
Snakk grows annual revenue by 83%
Snakk Media

Snakk grows annual revenue by 83%

The company's financial year ends with fourth quarter revenues almost doubling, increasing 94% year-on-year to over $980k.

By Staff Writer • 3 min read • Wed, 5th Jun 2013